BTC $63,441.00 +0.72%
ETH $1,874.99 +0.41%
BNB $584.29 -1.01%
XRP $1.08 +2.08%
SOL $73.39 +0.69%
TRX $0.3280 +0.21%
DOGE $0.0702 +0.71%
ADA $0.1863 +8.86%
BCH $211.90 +0.55%
LINK $8.38 +2.95%
HYPE $52.06 +0.70%
AAVE $92.35 +1.49%
SUI $0.6905 +0.98%
XLM $0.1762 +2.99%
ZEC $472.53 +1.82%
BTC $63,441.00 +0.72%
ETH $1,874.99 +0.41%
BNB $584.29 -1.01%
XRP $1.08 +2.08%
SOL $73.39 +0.69%
TRX $0.3280 +0.21%
DOGE $0.0702 +0.71%
ADA $0.1863 +8.86%
BCH $211.90 +0.55%
LINK $8.38 +2.95%
HYPE $52.06 +0.70%
AAVE $92.35 +1.49%
SUI $0.6905 +0.98%
XLM $0.1762 +2.99%
ZEC $472.53 +1.82%

ethe

All
Article
Flash

Tether discloses Q2 financial report: net operating profit reaches 1.5 billion USD, reserve assets exceed liabilities by 4.11 billion USD

Tether released its Q2 2026 financial report, as of June 30, with a USDT issuance of approximately $184.6 billion, an increase of about $446 million from the end of the first quarter, and the stablecoin market share rose to over 60%. The report was compiled by the independent accounting firm BDO.Tether's net operating profit for the second quarter was approximately $1.5 billion, primarily from U.S. Treasury bonds and repurchase agreements. At the end of the quarter, the company's total assets were approximately $187.751 billion, and total liabilities were about $183.642 billion, of which liabilities related to issued digital tokens were approximately $183.622 billion, with assets exceeding liabilities by about $4.11 billion.During the quarter, the company reduced its secured loan exposure by approximately $2.38 billion, a decrease of 15%; at the same time, it increased its physical gold holdings by 14 tons, bringing the total gold holdings to over 146 tons. Tether stated that it remains one of the largest buyers and holders of U.S. Treasury bonds globally, with the number of global users increasing by over 30 million this quarter.Tether CEO Paolo Ardoino stated that despite significant volatility in the gold and Bitcoin markets, USDT continues to have full reserve backing. The company also continued to advance the audit process with the Big Four accounting firms during the same period.

first_img Fake World Assets generated daily revenue exceeding Aave and Uniswap within four days of launch, briefly ranking second on Ethereum

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.
app_icon
ChainCatcher Building the Web3 world with innovations.